DEBT COLLECTION IN WALES

Due to geographical location and the presence of many seaports Wales is an important element in the British economy. A large number of commercial transactions also implies a lot of disputes or bad debts that arise from time to time.

At the same time, the legal system in Wales is quite complex and creditors may find it difficult to protect their mercantile interests, facing dishonest debtors. CIS DRS has extensive experience in this region. Our goal is to help our clients avoid difficulties worldwide, as well as quickly return the deserved money to their bank account.

We provide a full range of debt collection services throughout the territory of Wales. First of all, the following options are available: pre-trial negotiations, mediation and soft collection. If necessary, our lawyers are ready to protect the client's interests in court or arbitration. Being a part of the United Kingdom Wales provides a possibility to recognize and enforce foreign arbitral awards through simplified procedure.

We are also ready to provide a range of debt portfolio management services for our clients. There is no longer any need to involve lawyers for each individual case. Clients who entrust credit risk management to us can fully focus on business development without wasting time talking with debtors.

You do not pay for services that do not work. All debt recovery work is paid on a "no win - no fee" basis. We do not charge our clients for hours of work, only if a payment from a debtor is settled to their account. Thus, we work quickly and efficiently as it is simply unprofitable for us to waste time.

Above all, the agency is based in the largest cities of Wales: Cardiff, Swansea and Newport. According to economic studies and our practice, more than 70% of all trade transactions in the country fall on these cities. Thus, our lawyers can quickly and efficiently conduct live negotiations. Even if a debtor lives in another city, the road will take no more than 2 hours.

Secondly, our lawyers have vast experience in B2B debt recovery in this country. Our qualifications cover both major disputes related to maritime transport and the collection of small fines for speeding. Our lawyers have access to all necessary registers and databases. We can easily check any company in Wales and give an opinion on its solvency.

We always strive to recover the amount of debt without violating the rights of debtors. Thus, our services are chosen by creditors who intend to maintain fair relationships with the debtor after the repayment.

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